question 37
Multiple Choice
Nappon Co. has two products named X and Y. The firm had the following master budget for the year just completed: Sales Variable Costs Contribution Margin Fixed costs Operating Income (Loss) Selling Price per unit Product X $260,000156.000$104,000130,000$(26,000) $130.00 Product Y $360,000180,000$180,000108,000$72,000$60.00 Total $620,000336,000$284,000238,000$46,000
The following actual operating results were reported after the year was over:
Sales Variable Costs Contribution Margin Fixed costs Operating Income (Loss) Units Sold Product X $202,500117.000$85,500140,000$(54,500) 1,500 Product Y $467,500212,500$255,000108,000$147,0008,500 Total $670,000329,500$340,500248,000$92,500 The sales quantity variance for Product Y is:
Definitions:
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